Regulatory Alerts2023-03-01 | DOF 5681212Added · Updated
Official Letter Granting Authorization for the Organization and Operation of Edenred Mexico Fintech, S.A. de C.V., Electronic Payment Funds Institution
The National Banking and Securities Commission authorizes Edenred Mexico, S.A. de C.V. to organize and operate as an Electronic Payment Funds Institution named Edenred Mexico Fintech, S.A. de C.V. The authorized entity must maintain an initial social capital of 200,000,000.00 Mexican pesos and is subject to supervision by the Commission and the Bank of Mexico. The authorization is intransmissible and the institution must comply with the Law for the Regulation of Financial Technology Institutions and applicable general provisions.